v3.20.1
Fixed Assets
 3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Fixed Assets

Note 8 – Fixed Assets

 

Following table reflects net book value of furniture and equipment as of March 31, 2020 and December 31, 2019:

 

    Furniture and Equipment  
Useful Life   3 to 10 years  
       
Cost        
Balance as at December 31, 2019   $ 46,447  
Addition during the period     -  
Translation rate differences     (2,406 )
Balance as at March 31, 2020   $ 44,041  
         
Accumulated depreciation        
Balance as at December 31, 2019   $ 42,775  
Depreciation expense for the period – continuing operations     622  
Translation rate differences     (2,350 )
Balance as at March 31, 2020   $ 41,047  
Net book value as at March 31, 2020   $ 2,994  
Net book value as at December 31, 2019   $ 3,672